Price for Bromides; of Sodium or of Potassium in Jordan - 2022

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Jordan (CIF) - 2022
  2. Price for Bromides; of Sodium or of Potassium in Jordan (FOB) - 2022
  3. Imports of Bromides; of Sodium or of Potassium in Jordan
  4. Exports of Bromides; of Sodium or of Potassium in Jordan

Price for Bromides; of Sodium or of Potassium in Jordan (CIF) - 2022

In 2022, the average import price for bromides; of sodium or of potassia amounted to $10,468 per ton, growing by 79% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $16,282 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +4.2% per year.

Price for Bromides; of Sodium or of Potassium in Jordan (FOB) - 2022

In 2022, the average export price for bromides; of sodium or of potassia amounted to $1,448 per ton, rising by 6% against the previous year. Over the period under review, the export price saw resilient growth. The pace of growth appeared the most rapid in 2016 an increase of 85%. The export price peaked at $1,561 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($1,871 per ton), while the average price for exports to Belgium ($1,107 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+39.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bromides; of Sodium or of Potassium in Jordan

In 2022, supplies from abroad of bromides; of sodium or of potassia decreased by -86.3% to 248 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,276% against the previous year.

In value terms, imports of bromides; of sodium or of potassia declined rapidly to $2.6K in 2022. Over the period under review, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 751% against the previous year. As a result, imports reached the peak of $13K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Bromides; of Sodium or of Potassium in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.10.50.72.6196.2%
China0.30.76.0N/A347.2%
Switzerland0.10.40.4N/A100.0%
Germany0.10.60.5N/A123.6%
EgyptN/A7.7N/AN/A0%
Others1.03.02.9N/A70.3%
Total1.512.910.52.620.1%

Top Suppliers of Bromides; of Sodium or of Potassium to Jordan in 2022:

  1. India (248.0 kg)

Exports of Bromides; of Sodium or of Potassium in Jordan

In 2022, after three years of growth, there was significant decline in shipments abroad of bromides; of sodium or of potassia, when their volume decreased by -9.9% to 53K tons. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 335%.

In value terms, exports of bromides; of sodium or of potassia shrank modestly to $76M in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 437%.

Export of Bromides; of Sodium or of Potassium in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.611.99.642.9128.4%
MalaysiaN/A0.88.38.8231.7%
BelgiumN/A0.812.17.1197.9%
United States0.22.07.84.4180.2%
Free Zones0.42.65.34.3120.7%
Qatar0.23.35.83.4157.1%
AustraliaN/A0.42.51.487.1%
ThailandN/AN/A18.80.6-96.8%
Brunei DarussalamN/AN/A4.50.4-91.1%
Others0.23.25.02.9143.8%
Total4.725.279.876.2153.1%

Top Export Markets for Bromides; of Sodium or of Potassium from Jordan in 2022:

  1. United Arab Emirates (28.1K tons)
  2. Belgium (6.4K tons)
  3. Malaysia (5.1K tons)
  4. United States (3.5K tons)
  5. Free Zones (3.5K tons)
  6. Qatar (2.5K tons)
  7. Australia (0.9K tons)
  8. Thailand (0.5K tons)
  9. Brunei Darussalam (0.2K tons)

Source: IndexBox Market Intelligence Platform

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